The continual birth and death of companies is a natural byproduct of competition in the marketplace. But is the rate at which this "churn" takes place related positively or negatively to the growth of our state's economy? Show-Me Institute Chief Economist Joseph Haslag explores the importance of churn for state growth in his new essay. Click on the link below to read more.
Births, Deaths, and Economic Growth: How Important Is Churn for State Growth?
Business Climate
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About the Author
Joseph Haslag
Joseph Haslag is a professor and the Kenneth Lay Chair in economics at the University of Missouri Columbia. Until the end of 2018, Professor Haslag was the Institute's chief economist. An expert in monetary policy, Haslag has done research at the Federal Reserve Banks of Saint Louis, Dallas, and...
